Company Interviews

Company Interviews

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Company Interviews episodes

  • Geiger Energy (TSXV:BEEP) - Targets District-Scale Uranium Discovery in Canada's Thelon Basin

    Interview with Dr. Rebecca Hunter, CEO, Geiger Energy

    Our previous interview: https://www.cruxinvestor.com/posts/geiger-energy-tsxvbeep-strategic-merger-positions-dual-basin-uranium-explorer-across-canada-8116

    Recording date: 4th of March 2026

    Geiger Energy is positioning itself for potential district-scale uranium discovery in Canada's underexplored Thelon Basin, executing a focused exploration strategy under CEO Dr. Rebecca Hunter's experienced leadership. Following a merger of Forum Energy Metals and Baselode Energy backed by the Ore Group, the company has consolidated its efforts on two flagship projects: the Aberdeen property in the Thelon Basin and the Hook project in Saskatchewan.

    Dr. Hunter brings significant credibility to the venture, having worked on Cameco's exploration team during the previous uranium boom and examined multiple world-class deposits including McArthur, Cigar, Dawn Lake, and Fox Lake. Her geological expertise centers on recognizing subtle alteration signatures in blind uranium deposits—a critical skill in frontier exploration where deposits lack surface expression.

    The company is currently deploying its $7 million treasury across both projects. At Hook in Saskatchewan, two drill rigs are operating with a $2.5 million budget, testing for resource expansion near existing mineralization. The flagship Aberdeen program will commence in June with a planned 10,000+ meter drilling campaign focused on the Loki target, where recent drilling intersected intense alteration across the entire sandstone column—similar to signatures seen above world-class Athabasca Basin deposits.

    Geiger achieved a significant technical milestone by intersecting uranium at the unconformity for the first time in the northeast Thelon Basin. While grades of 100-200 ppm remain sub-economic, this validates the geological model and confirms uranium-bearing hydrothermal systems are present. The next critical step is discovering high-grade mineralization over significant widths, which would fundamentally alter perceptions of the Thelon's potential.

    The investment thesis rests on first-mover positioning in an underexplored district with geological similarities to the Athabasca Basin, experienced technical leadership, and significant upside leverage. As Dr. Hunter noted, "The big deposits will be found there new ones big ones shallow ones." With sustained newsflow expected throughout 2026 and backing from the Ore Group, Geiger represents exposure to frontier uranium discovery during a favorable macro environment driven by energy security and emerging nuclear demand from AI infrastructure.

    Learn more: https://www.cruxinvestor.com/companies/geiger-energy

    Sign up for Crux Investor: https://cruxinvestor.com

    21 min
  • ValOre Metals (TSXV:VO) - PGE Developer With Novel Process, Exclusive IP, Clear Path to PEA

    Interview with Nick Smart, Director & CEO of ValOre Metals

    Our previous interview: https://www.cruxinvestor.com/posts/valore-metals-tsxvvo-platinum-palladium-project-advances-to-economic-study-9203

    Recording date: 4th March 2026

    ValOre Metals is at a defining moment in its evolution from exploration company to project developer. The company's flagship asset, the Pedra Branca PGE project in Ceará state, Brazil, hosts a 2.2 million ounce inferred resource at 1.08 grams per tonne, a resource of genuine scale in a metal category that faces structural supply constraints and growing strategic demand. For the first time, ValOre is now putting the economic framework around that resource through a comprehensive PEA programme targeted for publication by year-end 2025.

    The project's most distinctive feature is its development approach to the shallow, weathered upper ore body. Rather than applying conventional flotation which performs poorly on oxidised material, ValOre is developing a bioleaching process in partnership with the University of Cape Town's Department of Chemical Engineering. This technique, in which microorganisms are used to extract metals from ore, is industrially proven in copper and increasingly used in refractory gold, but has not previously been applied to a PGE deposit. Phase 1 lab-scale trials have delivered metal recoveries consistently in the high 70s percentage range, and the company has secured exclusive global rights to the jointly developed intellectual property.

    The implications are significant. The weathered zone accounts for roughly one-third of the total resource ounce count and sits at surface, meaning it can be mined simply and cheaply. A low-cost processing route applied to near-surface material creates the possibility of a viable early-stage operation that generates revenue and validates the process without requiring the capital commitment of a full-scale mine build. Under Brazilian mining law, a trial mining permit enables exactly this kind of phased approach, allowing the company to construct a demonstration plant targeting 10,000 to 15,000 ounces of platinum and palladium per year as a precursor to industrial-scale production of 150,000 to 200,000 ounces annually.

    The PEA, with a budget of approximately $4 million, is the bridge between the current exploration narrative and an investment-grade development story. It will address mining method, processing economics, capital and operating costs, and route to market for both the weathered and fresh sulphide ore bodies. Engineering consultancy Lycopodium is leading the technical work. Until the PEA is published, investors have lacked a valuation framework for Pedra Branca. Publication changes that and represents a credible re-rating catalyst.

    Management has taken additional steps to sharpen the investment case. The divestiture of legacy Hatchet uranium properties to Future Fuels removes a non-core distraction and concentrates the company entirely on PGE development. CEO Nick Smart brings direct in-country experience, having spent approximately six years building the Barro Alto nickel mine in Brazil for Anglo American. Brazil itself is actively positioning as a destination for critical minerals investment, with strong government and industry representation at PDAC 2026 underscoring the macro tailwind.

    The near-term catalysts are clear: bioleaching column test results, PEA publication, and trial mining permit application progress. For investors willing to engage with early-stage development risk, ValOre offers a large resource, proprietary technology, and a credible pathway to production in a jurisdiction that is increasingly attractive to Western capital.

    View ValOre Metals' company profile: https://www.cruxinvestor.com/companies/valore-metals

    Sign up for Crux Investor: https://cruxinvestor.com

    24 min
  • i-80 Gold (TSX:IAU) - Capital Raised, Construction Underway to Gold Production by 2027

    Interview with Paul Chawrun, COO of i-80 Gold Corp.

    Our previous interview: https://www.cruxinvestor.com/posts/i-80-gold-tsxiau-500m-secured-to-advance-development-plan-9289

    Recording date: 4th March 2026

    i-80 Gold Corp. has reached the most consequential milestone in its development history. After an extended period during which the scale and complexity of the company's Nevada asset package generated uncertainty in parts of the investment community, i-80 has closed a major financing round with institutional participation including royalty major Franco-Nevada and issued a full notice to proceed to Hatch Engineering on the $430 million Lone Tree autoclave refurbishment. The company is now in execution mode.

    The Lone Tree facility is a formerly operating autoclave plant, originally developed by Newmont, that requires refurbishment rather than construction from scratch. That distinction matters. i-80 is working with established infrastructure, proven technology, and a team that includes personnel who have previously operated this specific autoclave. The feasibility study underpinning the project is classified at Level 2/3, one of the most detailed engineering standards available, providing a high degree of confidence in both the capital estimate and the construction schedule. First gold pour is targeted for end of December 2027, with a production ramp-up to 150,000–160,000 ounces per year in Q1 2028.

    At $3,000 per ounce gold, i-80 estimates net annual cash flow from Lone Tree of $150–200 million. With spot gold prices currently trading above that modelling assumption, the economics are materially stronger than the base case and the margin advantage compounds as gold prices rise, given the largely fixed cost structure of autoclave processing.

    Beyond Lone Tree, i-80 is deploying approximately $80 million in drilling across its Nevada portfolio in 2026. At Ruby Underground, infill drilling is advancing resources toward measured and indicated status ahead of a future feasibility study. At Granite Creek, a drilling campaign has recently concluded — extended due to continued mineralisation discovery — with feasibility results expected in Q2 2026. At Mineral Point, the programme targets conversion of a resource base that already contains 3 million ounces measured and indicated and 2 million ounces inferred, supporting a prefeasibility study in early 2027 and eventual open pit production currently estimated for 2032.

    The company's three-phase production roadmap — Lone Tree, followed by Mineral Point and Granite Creek open pits — targets aggregate annual output of 500,000–600,000 ounces, firmly within mid-tier producer territory. Each phase carries its own timeline and permitting requirements, but the financing now in place is specifically structured to accelerate the Mineral Point schedule by one to two years through earlier drilling and EIS process initiation.

    Franco-Nevada's participation in the financing, following a competitive due diligence process, provides third-party institutional validation of the asset quality. For investors assessing i-80 at this stage, the primary investment question has shifted. The debate is no longer whether the company can raise the capital — it has. The focus now is on execution: construction progress at Lone Tree, resource conversion milestones, and the pace at which the subsequent phases can be advanced toward production.

    For investors seeking leveraged exposure to gold through a Nevada-based developer with a funded near-term production catalyst and a credible multi-phase growth plan, i-80 Gold presents a materially different risk profile today than it did twelve months ago.

    View i-80 Gold's company profile: https://www.cruxinvestor.com/companies/i-80-gold

    Sign up for Crux Investor: https://cruxinvestor.com

    12 min
  • Alkane Resources (ASX:ALK) - Record Quarterly Cashflow with Multiple Growth Pathways

    Interview with Nic Earner, CEO, Alkane Resources 

    Our previous interview: https://www.cruxinvestor.com/posts/alkane-resources-asxalk-cash-rich-debt-free-and-positioned-for-major-growth-8556

    Recording date: 4th of March 2025

    Alkane Resources has emerged as a compelling mid-tier gold producer following its successful merger with Mandalay, operating three producing mines across Australia and Sweden with a market capitalisation of A$2.2 billion. The company is currently generating approximately A$200 million in annual net cash flow after all capital expenditures, creating what management views as a significant valuation disconnect relative to peers with similar cash flow profiles.

    The flagship Tomingley operation in Australia produces around 80,000 ounces annually, supported by a seven-year reserve base with substantial extension potential. The McLeans deposit contains several hundred thousand ounces, while the Roswell Western Monzodiorite lens offers potential for more than 100,000 additional ounces. Management is targeting reserve life extension beyond ten years through systematic exploration along the mineralised corridor.

    The company's most significant growth asset is the Boda-Kaiser copper-gold project, containing 15 million equivalent ounces with 10 million in the indicated category. The project would produce approximately 160,000 ounces of gold and 35,000 tons of copper annually, equivalent to a 250,000-300,000 ounce gold producer. Management has outlined a pragmatic permitting timeline extending through 2030 for a final investment decision, with first production targeted for the early-to-mid 2030s.

    Beyond organic growth, Alkane actively pursues acquisitions in the 80,000-120,000 ounce production range, targeting assets trading at lower price-to-net asset value multiples. The management team applies rigorous due diligence reflecting their combined 25-30+ years of industry experience, scrutinising water supply, geotechnical conditions, permitting pathways, and execution risks that are often inadequately addressed in promotional project studies.

    Near-term catalysts include potential ASX 200 index inclusion, market education on the combined entity's consistent cash generation, and valuation re-rating as institutional investors recognise the sustainability of current cash flows. The board continues evaluating capital return options if gold prices remain elevated and acquisition opportunities prove expensive, though disciplined M&A remains the preferred growth pathway.

    Learn more: https://www.cruxinvestor.com/companies/alkane-resources

    Sign up for Crux Investor: https://cruxinvestor.com

    27 min
  • Amex Exploration (TSXV:AMX) - High-Grade Quebec Gold Project Targets Q3 2027 Production

    Interview with Victor Cantore, President and CEO, Amex Exploration

    Our previous interview: https://www.cruxinvestor.com/posts/amex-exploration-tsxvamx-dual-track-growth-near-term-gold-output-big-exploration-8677

    Recording date: 4th of March 2026

    Amex Exploration is executing a strategic transition from exploration to commercial gold production at its extensive land package in Quebec's Abitibi Greenstone belt. President and CEO Victor Cantore outlined an accelerated development timeline centered on an imminent bulk sample permit expected in March 2026, which will trigger immediate construction activities and position the company for first gold production in the third quarter of 2027.

    The company has structured its advancement through three distinct development phases designed to mitigate both financial and technical risk. This phased approach leverages the project's high-grade mineralization of approximately 10 grams per ton on a fully diluted basis, combined with its strategic location within established mining infrastructure. The bulk sample phase will yield an estimated 20,000 to 23,000 ounces before transitioning seamlessly into phase one commercial production targeting over 100,000 ounces annually by 2028.

    Amex maintains a strong financial position with approximately $30 million in treasury following a $37.4 million financing. The bulk sample carries an estimated cost of $40 million, though $20 to $25 million represents infrastructure directly applicable to phase one production. Cantore emphasized that pre-production revenue of $68 million combined with bulk sample proceeds will substantially cover the phase one capital requirement of $146 million, creating a capital-efficient development pathway.

    The preliminary assessment demonstrates compelling economics with all-in sustaining costs projected at $1,165 per ounce against current gold prices exceeding $5,000 per ounce. Processing optionality through multiple mill operators strengthens the company's negotiating position while high grades ensure favorable transportation economics.

    Beyond production development, Amex secured an exploration agreement with First Nations on the Ontario side of its land package in early March 2026, unlocking additional prospective terrain. Mining engineers have identified what Cantore described as a "mirror image" of the Quebec mineralization, suggesting significant expansion potential. Management maintains a dual-track strategy advancing both production and exploration while remaining positioned for strategic alternatives that maximize shareholder value in an active merger and acquisition environment.

    Learn more: https://www.cruxinvestor.com/companies/amex-exploration

    Sign up for Crux Investor: https://cruxinvestor.com

    13 min
  • Kuya Silver Corp. (CSE:KUYA) - Mill Acquisition Supports 3Mozpa Silver Target

    Interview with David Stein, President & CEO of Kuya Silver

    Our previous interview: https://www.cruxinvestor.com/posts/kuya-silver-kuya-buy-cheap-sell-high-silver-developer-717

    Recording date: 3rd March 2026

    Kuya Silver (TSXV:KUYA) is a silver producer operating the Bethania Silver Mine in central Peru, and it is approaching one of the most consequential periods in its short history. The company has production underway, a mill acquisition closing imminently, a fully funded balance sheet, and an exploration programme just getting started. 

    Kuya began processing silver concentrate through the Camila toll mill in late 2024. In January 2026, the company announced it would acquire Camila outright for approximately $9 million including planned improvements, closing expected before the end of March. Owning the facility eliminates third-party processing fees, reduces operational risk, provides access to lower-cost hydro-grid power, and creates an opportunity to generate third-party processing revenue from smaller regional miners. The logistics are already in place as Camila sits on the route between the mine and the export port, meaning nothing about the physical operation changes at closing, only the economics.

    Following the acquisition and approximately $3 million in additional near-term capital expenditure  covering underground drilling and a new mine ramp, Kuya expects to hold roughly $12–15 million on its balance sheet. With production scaling and costs now more firmly under the company's control, management does not anticipate requiring further equity financing in the near term. That is a meaningful statement for a company of this size.

    The growth optionality behind the production story is substantial. Kuya has expanded its land position from the original 45-hectare Bethania mine property to approximately 4,500 hectares. Surface prospecting has already identified six additional silver vein systems within a five-kilometre radius of the mine. Underground drilling is targeting a 50-metre-at-a-time extension of the existing resource, with an estimated one million ounces of silver potentially added per 10 metres drilled. A surface drill rig is expected to be mobilised in Q3 2026, with a second potentially following before year-end. The stated three-year target is 100 million ounces of silver would represent a transformation of the company's resource base and market profile.

    Longer term, Kuya's vision is to operate two 350-tonne-per-day processing facilities (Camila and a future permitted plant at Bethania) producing approximately three million ounces of silver per year by 2028. Both facilities are either owned or permitted. The capital to build the Bethania plant is expected to come from operating cash flow rather than equity markets.

    The re-rating catalyst is the first profitable quarter, which management expects within one to two reporting periods. At current silver prices, that quarter may land with more force than many investors currently anticipate. Companies of Kuya's profile, once they demonstrate sustained cash generation, have historically attracted a different class of investor and a different valuation framework. That transition appears imminent.

    View Kuya Silver's company profile: https://www.cruxinvestor.com/companies/kuya-silver

    Sign up for Crux Investor: https://cruxinvestor.com

    29 min
  • Abcourt Mines (TSXV:ABI) - Scaling to 50Kozpa | Profitable Gold Mine with Mill Throughput Upside

    Interview with Pascal Hamelin, President & CEO of Abcourt Mines Inc.

    Our previous interview: https://www.cruxinvestor.com/posts/abcourt-mines-tsxvabi-cash-flow-in-sight-with-sleeping-giant-ramp-flordin-drills-8693

    Recording date: 4th March 2026

    Abcourt Mines (TSXV:ABI) is one of the few junior mining companies to have made the full transition from developer to profitable gold producer in the current cycle. Operating the 100%-owned Sleeping Giant mine and mill in Quebec's Abitibi region, the company recorded its first gold sales in September 2025 and delivered 837 ounces in Q4 2025 which enough to generate a profit from operations. That alone sets Abcourt apart from the majority of junior miners at a comparable stage.

    The investment case is centred on a single, clearly quantifiable opportunity: the Sleeping Giant mill is running at less than 20% of its nameplate capacity of 800 tonnes per day. The infrastructure is built, commissioned, and performing at over 96% gold recovery. The constraint is not technology or capital, it is underground mining capacity, which is a workforce and development challenge the company is actively and systematically addressing.

    CEO Pascal Hamelin has set a near-term target of 10,000 tonnes per month by autumn 2026, representing approximately 2,500 ounces monthly and the threshold for strong free cash flow generation. Phase 1 of the production plan targets 30,000 ounces per year by late 2026 or early 2027. The ultimate vision is 800 tonnes per day and 50,000 ounces per year — achievable without any major new capital expenditure, given the mill is already sized for that output.

    To unlock that capacity, Abcourt is building an on-site sleep camp to resolve a longstanding workforce retention problem caused by long commutes in northern Quebec winters. Phase 2 of the camp (36 rooms) arrives by end of March 2026 and Phase 3 (37 rooms) is due by June 2026. Alongside this, a formal training programme with Val-d'Or's mining school is bringing new miners into the operation on a weekly basis. These are not peripheral initiatives — they are the direct operational enablers of the throughput ramp.

    The financial structure is also worth noting. Glencore refinanced Abcourt's start-up debt from 16% to 7%, providing a $30 million facility with interest-only payments in year one and principal repayments beginning February 2027. Glencore also holds the offtake on gold and silver production and a right of first participation in future financings. For a junior producer, this level of institutional backing is unusual and meaningful.

    Management credibility is underscored by insider ownership of approximately 37% — built through years of equity participation alongside external shareholders, not through compensation schemes. Officers and directors have genuine skin in the game.

    Beyond Sleeping Giant, the company holds 14 additional projects including a zinc-silver polymetallic asset at Abcourt-Barvue, a 5 g/t gold resource at Discovery, and multiple tailings assets being assessed for critical mineral content. These are not currently priced into the market's valuation of the company.

    For investors evaluating junior gold producers, Abcourt offers a rare combination: proven profitability, a clear and executable growth pathway, institutional validation, and a portfolio of assets that provide upside optionality without requiring additional capital deployment in the near term.

    View Abcourt Mines' company profile: https://www.cruxinvestor.com/companies/abcourt-mines-inc

    Sign up for Crux Investor: https://cruxinvestor.com

    21 min
  • Purepoint Uranium (TSXV:PTU) - Joint Venture Strategy Drives Saskatchewan Exploration

    Interview with Chris Frostad, CEO, Purepoint Uranium

    Our previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-6m-premium-raise-isoenergy-backing-boosts-dorado-expansion-8234

    Recording date: 4th of March 2026

    Purepoint Uranium has established a distinctive position in uranium exploration through strategic partnerships with industry majors, enabling systematic discovery work across Saskatchewan's Athabasca Basin while minimizing shareholder dilution. The company operates 9-10 projects primarily through joint ventures with Cameco, Orano, and IsoEnergy, earning operator fees while maintaining meaningful equity participation.

    The partnership model allows Purepoint to deploy significantly more capital than traditional junior explorers. CEO Chris Frostad explained the company can "put $5, $10, $15 million in the ground" while paying only its proportionate share and earning fees for project management. This structure proved critical during uranium's downturn, providing capital continuity when many peers struggled to maintain operations.

    Purepoint's portfolio includes three principal holdings: 27% of Smart Lake alongside Cameco, 21% of Hook Lake with Cameco and Orano, and a 50-50 partnership with IsoEnergy covering consolidated mine trend properties. The Hook Lake project hosts the Spitfire discovery, a 15-20 million pound deposit that remains below major producer development thresholds but validates the geological potential.

    Recent success centers on the Nova Discovery at the Dorado project with IsoEnergy. Summer 2025 drilling intersected high-grade mineralisation across four holes testing five-six distinct targets. A 4,500-meter winter program resumed in January 2026, with results expected throughout the year as the company systematically expands understanding of the mineralized system.

    Capital deployment is accelerating as major partners demonstrate increased urgency. Purepoint expects to deploy approximately $8 million in 2026, potentially doubling to $16 million in 2027. This reflects broader industry dynamics as producers respond to tightening supply fundamentals, highlighted by Cameco's 22 million pound contract to India while western utilities remain passive in securing long-term supply.

    Frostad characterized the investment opportunity succinctly: "Uranium is not a cycle anymore. This is a get-rich slow thing now, which is fine as part of your portfolio." The methodical, partner-aligned approach prioritizes systematic value creation over headline-driven drilling campaigns.

    Learn more: https://www.cruxinvestor.com/companies/purepoint-uranium-group-inc

    Sign up for Crux Investor: https://cruxinvestor.com

    29 min
  • Energy Fuels Inc. (NYSE:UUUU) - From Uranium Producer to Rare Earth Powerhouse

    Interview with Mark Chalmers, President & CEO of Energy Fuels Inc.

    Our previous interview: https://www.cruxinvestor.com/posts/energy-fuels-nyseuuuu-advancing-rare-earth-integration-with-asm-acquisition-9151

    Recording date: 4th March 2026

    Energy Fuels Inc. (NYSE:UUUU) is one of the most strategically distinctive companies in the critical minerals space. While most Western rare earth ventures address a fragment of the supply chain, Energy Fuels has spent five years assembling a vertically integrated operation that spans the full value chain: from heavy mineral sands in Australia and Madagascar, monazite processing at its White Mesa Mill in Utah, to separated rare earth oxides, and following the acquisition of Australian Strategic Materials. No other Western company has assembled this complete a picture.

    The relevance of that distinction has never been greater. China controls an estimated 85–90% of global rare earth processing capacity, and Western governments, particularly the United States and Australia, have identified this dependency as a critical strategic vulnerability. Policy support, government financing programmes, and demand from original equipment manufacturers seeking non-Chinese supply are all converging to create the market that Energy Fuels has been building toward.

    The company's rare earth strategy is technically differentiated in an important way. By processing monazite rather than bastnäsite, Energy Fuels produces both light and heavy rare earth elements. Heavy rare earths, particularly dysprosium and terbium, are essential for the high-performance permanent magnets used in electric vehicles, wind turbines, and defence systems. This positions Energy Fuels in a part of the market where supply scarcity is most acute and strategic urgency is highest.

    Near-term, uranium is the business. Energy Fuels is guiding for up to 2.5 million pounds of uranium production (the highest of any US-based producer) at competitive costs, against a backdrop of firming uranium prices driven by a structural global supply deficit. This uranium revenue stream funds the rare earth build-out without requiring the company to dilute aggressively or rely entirely on external capital markets.

    On the financing front, the picture has changed materially. A Goldman Sachs-arranged convertible note, completed at just 0.75% interest in under one week, has pushed deployable capital to nearly $1 billion. The company's total build-out requirement is estimated at $2 billion, a figure that seemed ambitious 18 months ago but is now regarded by management, and increasingly by investors, as achievable through a combination of capital markets access, offtake agreements with floor price structures, and potential government support from the US and Australian governments.

    The two flagship projects: the Phase Two rare earth expansion at White Mesa, and the Vera heavy mineral sands project in Madagascar to carry a combined NPV of close to $4 billion and a combined EBITDA potential of $800–$900 million per year at steady-state. Full rare earth revenues are targeted from 2028–2030, making this a medium-to-long-term investment thesis.

    For investors with a 3–5 year horizon and conviction in the structural ex-China critical minerals demand story, Energy Fuels offers a rare combination: a producing uranium business generating real revenues today, and a rare earth platform with genuine scale, technical depth, and improving financial visibility. The build-out is complex and multi-year, but the pieces finally are falling into place.

    View Energy Fuels' company profile: https://www.cruxinvestor.com/companies/energy-fuels

    Sign up for Crux Investor: https://cruxinvestor.com

    17 min
  • Carolina Rush (TSXV:RUSH) - Testing Deep Porphyry Potential in America's First Gold District

    Interview with Layton Croft, CEO, Carolina Rush

    Recording date: 3rd of March 2026

    Carolina Rush Corporation is exploring the historic Brewer gold mine in South Carolina through a strategic partnership with Oceana Gold, positioning itself at the forefront of renewed interest in America's original gold rush region. The company has established a maiden resource of 500,000 ounces of gold through 36 drill holes at the past-producing Brewer property, which operated as an oxide heap leach operation before being abandoned in the 1990s.

    The partnership with Oceana Gold, a $12 billion mining company operating the adjacent Haile mine just 15 minutes away, provides Carolina Rush with a free-carried path to testing the property's deep porphyry copper-gold potential. Under the earn-in agreement, Oceana can acquire 80% of the project by spending $20 million over five years, with $8 million required in the first two years to earn 50%. Carolina Rush serves as operator during the initial phase, earning management fees while preserving its 20% interest without capital requirements.

    CEO Layton Croft, who previously worked on the world-class Oyu Tolgoi project with Robert Friedland and Ivanhoe Mines, believes the near-surface resource could expand to one or two million ounces with additional drilling. However, the primary target is the deep porphyry system, which the US Geological Survey identified as early as the 1970s. "If we can prove that this is a porphyry and it's proven to be mineralised and economic, I think what we've done is we've cracked the code on the southeast," Croft stated.

    The company commenced drilling three commitment holes in January 2026, with assay results expected in the coming months. Whether Oceana continues funding beyond the minimum commitment will serve as a key catalyst for investors. Beyond Brewer, Carolina Rush maintains a proprietary database of southeastern US prospects and is pursuing additional projects through partnerships, leveraging its regional expertise in an underexplored, pro-mining jurisdiction.

    Learn more: https://www.cruxinvestor.com/companies/carolina-rush

    Sign up for Crux Investor: https://cruxinvestor.com

    26 min

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